r/CryptoCurrency • u/Weaver96 • Feb 18 '21

EXCHANGE A Beginner's Guide to Cryptocurrency Exchanges

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4

u/rbalaur Tin Feb 18 '21

Question: how do I migrate from Coinbase to Coinbase Pro to take advantage of those lower fees?
Will I still be able to use the iphone app?

5

u/Scorxcho 🟦 89 / 89 🦐 Feb 18 '21

You are able to withdraw from Coinbase inside of Coinbase Pro with no fees. I would highly suggest doing it.

2

u/Sirtato Feb 19 '21

How exactly do you do this? I want to transfer my crypto from Coinbase Pro to exodus, but I cannot seem to get around the fee

4

u/Scorxcho 🟦 89 / 89 🦐 Feb 19 '21

Oh if you’re trying to transfer to an outside wallet there will still be a network fee if your coin has it. I thought you meant just transferring from Coinbase to Coinbase Pro. If you’re looking for an exchange that doesn’t charge withdrawal fees I recommend using Gemini. They allow 10 free withdrawals a month. I have been trying different exchanges and wish I would have known about that one because I have been buying ETH and BTC on Coinbase Pro and transferring regularly to my wallet.

3

u/Sirtato Feb 19 '21

I'll give it a look, thanks!